
US construction spending US construction spending for July % versus 0.5% expected total construction spending $1,972.6 billion versus $1,938.4 billion last month Construction spending year on year +5.5% vs +3.5% prior private construction +1.0% vs +0.5% prior residential construction +1.4% vs +0.9% prior Residential construction is down 5.5% y/y but that should rebound in the